NHK Spring building plant in Hungary
Japanese spring manufacturer NHK Spring is building a 10,000 sqm production and automobile suspension plant in Tata, northern Hungary, which is expected to employ 100 people once it is completed next year, Hungarian news agency MTI reported yesterday.
(Photo: MTI/Boglárka Bodnár)
State secretary of the Foreign Affairs and Trade Ministry László Szabó (pictured) said yesterday at the beam installation ceremony of the plant that the Hungarian Investment Promotion Agency (HIPA) is in talks with seven Japanese companies which could invest a combined €364 mln in Hungary, and create 600 jobs.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.